All posts filed under: Credit Cards

UOB runs targeted promotion for PRVI Miles cardholders – buy miles at 1.8 cents a piece

UOB has launched PRVI Pay for a while now, and most recently raised the processing fee to 2.1% in March 2019. Limited time offer: 1.8% processing fee Earlier this week, I received a physical mailer from UOB, offering a promotional rate of 1.8% processing fee to use the PRVI Pay facility. This effectively means that you are paying 1.8 cents per mile, which can translate to a $30 savings for every 10,000 miles bought. Note that the amount that you’ll like to apply for is up to your credit limit with UOB. To apply, you will need to fill up the physical form and mail it back the old-school way. Once approved, the money will be in the bank account that you designate, and the amount plus the processing fee will be debited from your credit card account. Note that there is no installment option, you will have to make full payment on the amount requested by your next statement. I’m not sure if all cardholders have received the mailer, or like they claim, a …

Citibank introduces more payment categories for PayAll

Now you can also ‘buy’ miles at 1.5 to 2 cents per mile for payments for taxes, condo management fees and utility bills The PayAll service has been an excellent solution in plugging the gap in the miles game and now it has gotten even better with the introduction of more categories. Remember, PayAll can only be accessed through the Citibank mobile app, so be sure to download the app first (from Apple Store or Google Play Store). New categories When PayAll was first introduced earlier this year, Citibank only limited the payments to education and rent payments, although I’m still skeptical as to how they would enforce it. In this recent development, Citibank has now expanded the list of payments to include tax payments to IRAS, condo management fees and electricity bills. Unlike the first rollout of payments for rent and education, there is a fixed list of payees this time round. You will need to specify the MCST that you are paying to, for instance. Recap: Cost per mile Here’s the cost per …

A look at the UOB Krisflyer Credit Card – is it any good?

After launching the UOB Krisflyer account with some flak and tweaks down the road, UOB has most recently launched yet another co-brand card: the UOB Krisflyer credit card. Now, UOB is only the second financial institution to launch a Krisflyer-branded card, after American Express. The short list Income requirement: S$30,000 p.a. for Singaporeans, S$40,000 p.a. for foreigners. Annual fee: S$192.60, waived for first year Renewal gift: 10,000 miles when annual fee is paid Sign up bonus The sign-up bonus is essentially in two tiers, one for all customers who apply for the card, and one for new-to-UOB customers. For all applicants, if your card application is approved by 30 June 2019, you will receive 5,000 bonus Krisflyer miles if you spend at least $5 within the first 60 days of getting your card. For this bonus, you will first receive 3,000 miles in your Krisflyer account within the next month after the first spend, while the remaining 2,000 miles will be posted by 31 October 2019. If you are new to UOB (i.e. this is …

Spend S$300 at Hilton properties and get S$60 back with your American Express cards

American Express is currently running an offer targeted at select Amex cards, offering a S$60 credit when you spend a minimum of S$300 at any Hilton hotels. The spend can be made either through a prepaid reservation directly on Hilton.com, through the Hilton app, or even through a phone reservation with Hilton. However, food and beverage spending in a bar or restaurant within a Hilton property is excluded, unless this is charged to the room and settled upon check-out. The offer is valid for stays in participating properties located in Australia, Mainland China (Beijing, Guangzhou, Sanya, Shanghai, Shenzhen), Hong Kong, India, Japan, New Zealand, Singapore & Thailand. For those holding the Platinum Card, you will be targeted with an even better offer: spend S$500 and get back S$200 in credit. How to sign up? To sign up for the deal, simply log into the Amex app or into your online account, and look under “Offers”. The offer is only valid for the first 10,000 cardmembers who sign up. Each member who signed up successfully will …

All you need to know about American Express Krisflyer bonus miles promotions

3 key promotions that you need to know about. Amex is not my top choice of card when it comes to earning miles – their base earn rates are pretty crap at 1.2 mile per dollar spent (mpd). But with the regular promotions that Amex is running, this may not be the case, although you have to keep a tight watch over how much you are raking up with your Amex cards given that the caps are pretty low. (1) Daily Essentials promo – Earn up to 3.3 mpd Earn up to 3.3 KrisFlyer miles per S$1 spent with your Amex Singapore Airlines-branded cards, on what Amex term as “daily essentials”, which are the following merchants: Starbucks Coffee Bean & Tea Leaf MacDonalds Subway (except stores in hospitals and schools) Deliveroo Foodpanda Unity (except outlets in FairPrice) Watsons Sistic There’s a cap of S$200 spend per month. That’s enough to cover 1 Starbucks drink or a MacDonalds meal a day, so drink away and earn up to 660 miles per month along the way. (2) …